Overview
What is Ray Of Hope Inc?
Ray of Hope Inc, located at 163 N Mechanic Street, Cumberland, Maryland 21502, is a dedicated nonprofit organization. Its primary mission revolves around providing comprehensive residential services for individuals with developmental disabilities. With a team of 59 employees, the organization has been offering support for a substantial period of 4,939 days. The organization's activities encompass the development and management of residential and support services, aiming to enhance the lives of those individuals. By offering these services, Ray of Hope Inc contributes significantly to the community, providing a supportive environment and fostering independence for individuals with developmental disabilities.
Official website here: www.rayofhope-md.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Ray Of Hope Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a high level of transparency, with 100% of its board members being independent, which enhances its governance practices. The effective management of financial statements and the absence of material diversion of assets are additional indicators of the charity's solid operational health.
The charity's program expense ratio is notably high at 85.18%, meaning a significant portion of the funds raised is directed towards its programs rather than administrative costs. This is an encouraging sign for potential donors, as it suggests that their contributions are likely to be used effectively for the intended charitable purposes. Furthermore, the organization has established essential policies related to conflict of interest and document retention, demonstrating a commitment to ethical practices.
However, there is a notable limitation in the absence of a whistleblower policy, which could impact the overall governance framework. While this is a minor setback, it is an area that the organization may want to address to further enhance its accountability standards. Overall, Ray Of Hope Inc is positioned as a trustworthy nonprofit with a solid financial foundation and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ray Of Hope Inc legitimate?
Ray Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ray Of Hope Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,990,045
For more financial information, click here
Official website here: www.rayofhope-md.org
What is the mission statement of Ray Of Hope Inc?
Ray of Hope Inc's mission is centered around the development and management of residential and support services for individuals with developmental disabilities. This organization strives to provide a suitable living environment and necessary assistance for these individuals, ensuring their well-being and overall improvement. Their mission is to create an environment that fosters growth and independence, enabling these individuals to lead fulfilling lives. The organization's activities primarily involve the provision of residential services for 23 individuals with developmental disabilities for a substantial period of 4,939 days.
Official website here: www.rayofhope-md.org
Who is the CEO of Ray Of Hope Inc?
Jenn Dziuk is the Principal Officer of Ray Of Hope Inc.
Official website here: www.rayofhope-md.org
What is the revenue of Ray Of Hope Inc?
Ray Of Hope Inc's revenue in 2023 was $4,499,278.
Official website here: www.rayofhope-md.org
Who are the executives of Ray Of Hope Inc and what are their salaries?
The average compensation at Ray Of Hope Inc during 2023 was $50,679. There are 59 employees at Ray Of Hope Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rayofhope-md.org
Where can I find the form 990 for Ray Of Hope Inc?
Ray Of Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rayofhope-md.org
Learn more at the official website: www.rayofhope-md.org
Mission Statement of Ray Of Hope Inc
Ray of Hope Inc, a nonprofit organization, is dedicated to the development and management of residential and support services for individuals with developmental disabilities. This mission involves providing a nurturing environment and necessary assistance to help these individuals lead fulfilling lives. The organization's primary focus is on managing residential services, ensuring that 23 individuals with developmental disabilities receive the care they need for a total of 4,939 days. This commitment to their clients' well-being and independence is at the heart of Ray of Hope Inc's mission.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Ray Of Hope Inc has had a significant impact by providing residential services for 23 developmentally disabled individuals for a total of 4,939 days. Through their work in managing and developing these services, they have greatly contributed to the well-being and support of individuals with developmental disabilities in Cumberland, MD. Their dedication to this cause is evident in the tangible difference they make in the lives of those they serve.
This information is meant to be a general summary of Ray Of Hope Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $55,969
- Program Service Revenue: $116,074
- Gross Receipts: $4,532,605
Assets and Liabilities:
- Total Assets: $3,419,150
- Total Liabilities: $1,796,379
- Net Assets: $1,622,771
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENTS INCOME
Revenue
$116,074
Organization Details
Founding Year
1988
Phone
(301) 722-4560Principal Officer
Jenn Dziuk
Main Address
163 N MECHANIC STREET, CUMBERLAND, MD, 21502
Website
www.rayofhope-md.orgNTEE Category
Code: P70 - Human services
If you are a representative of Ray Of Hope Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.